Today we will analyze the stock WESTERN LITHIUM CDA (WLCDF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in WESTERN LITHIUM CDA (WLCDF.PK)
1- Last bullish trend was from 0.24 $ (4/27/2012) to 0.25 $ (5/3/2012) a 0.01 $ move 2- The current bearish trend started from 0.25 $ at 5/3/2012 and is currently trading at 0.22 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
WESTERN LITHIUM CDA (WLCDF.PK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 0.250 .
5- The Stock formed a 0.030 $ height triangle which was broken down at 0.250 in higher than usual volume, target of the pattern is 0.220.
WESTERN LITHIUM CDA (WLCDF.PK) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.250 and 0.280, and is currently resisting at 0.241.
WESTERN LITHIUM CDA (WLCDF.PK) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.250 and 0.280, and is currently resisting at 0.241.

Stock Trading Conclusion:
WESTERN LITHIUM CDA (WLCDF.PK) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.227, 0.231, 0.235, 0.239, 0.241, 0.250, 0.280.
Stock Support levels :.